Good news for investors: No income tax on dividends received from REITs and InvITs in this case, Lok Sabha passes the bill; Check the details

The Lok Sabha passed a bill amending tax laws on August 6, 2026. This amendment benefits REIT and InvIT investors by exempting dividend income. Special Purpose Vehicles can opt for a new tax regime with a higher surcharge. This decision requires careful evaluation of the entire structure’s tax efficiency. The choice between tax regimes depends…

IT fresher hiring share falls to 24% from 32%, even as overall tech recruitment grows 10% annually: Foundit July Insights Tracker

Overall technology demand grew ten percent year-on-year in July. Fresher hiring in the IT sector dropped to twenty-four percent from thirty-two. AI-led roles and internships saw increased entry-level participation. Experienced talent hiring, specifically seven to ten years, showed growth. Companies are increasingly prioritizing experienced candidates over new graduates.